3rd China-UAE Conference on Islamic Banking & Finance to explore potential for participative economy

3rd China-UAE Conference on Islamic Banking & Finance to explore potential for participative economy

DUBAI:  Hamdan Bin Mohammed Smart University (HBMSU) has reaffirmed its commitment to building bridges of knowledge, cultural, and economic exchange with China by organizing the China-UAE Conference on Islamic Banking and Finance (CUCIBF III) for the third consecutive year, on...
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Oman’s Al Yusr finances Movenpick Hotel

Oman’s Al Yusr finances Movenpick Hotel

MUSCAT: Al Yusr, the Islamic Banking Window of Oman Arab Bank (OAB), recently hosted the signing ceremony for the financing of the 4-star Movenpick hotel – Bowsher; a step that will boost Islamic banking finance for local projects within the...
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CIMB clinches 12 prestigious awards at The Asset Triple A Islamic Finance Awards 2018

CIMB clinches 12 prestigious awards at The Asset Triple A Islamic Finance Awards 2018

KUALA LUMPUR: CIMB Group (CIMB) garnered 12 notable awards at The Asset Triple A Islamic Finance Awards 2018 including ‘Sukuk Adviser of the Year in Asia Pacific’ for the seventh year in a row and Best Islamic Investment Bank in...
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Abu Dhabi Islamic Bank appoints Serhat Yildirim as Chief Digital Officer

Abu Dhabi Islamic Bank appoints Serhat Yildirim as Chief Digital Officer

ABU DHABI: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has appointed Serhat Yildirim as its new Chief Digital Officer. This comes as part of the bank’s continuous efforts to accelerate its digital transformation strategy and enhance custo...
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Emaar offers fast track home finance for residents and non-resident buyers with Noor Bank

Emaar offers fast track home finance for residents and non-resident buyers with Noor Bank

DUBAI: Emaar Development, the global developer, has partnered with Noor Bank, a leading Shari’a-compliant bank in the UAE, to offer an exclusive, fast-track home financing programme for UAE residents and international investors. Noor Bank’s Shari’a compl...
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Dubai’s ArabianChain to create smart contracts for sukuk products

Dubai’s ArabianChain to create smart contracts for sukuk products

DUBAI: Dubai-based blockchain startup ArabianChain Technology has signed a joint venture with Dubai-and-London-based innovation firm Curiositas to create Wethaq – the world’s first platform for Islamic capital markets using smart contracts and legal automa...
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Kazakhstan seeks to become regional financial hub

Kazakhstan seeks to become regional financial hub

ASTANA: Kazakhstan’s ambitious project to establish a financial services centre in Astana is now real with the launch of the Astana International Financial Centre (AIFC), The Astana Times reported. The new financial centre, in a new part of Astana where...
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Philippine Stock Exchange review finds 62 firms are Shariah-compliant

Philippine Stock Exchange review finds 62 firms are Shariah-compliant

MANILA: The Philippine Stock Exchange said it classified 62 securities as compliant with Islamic finance principles, as of June 25. In its quarterly review, the PSE said the compliant stocks include 2GO Group, Inc., D&L Industrues, Inc. and MRC Allied,...
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Growing need for retail green bonds

Growing need for retail green bonds

KUALA LUMPUR: Issuances of green bonds — funds specifically raised to support climate-related or environmental projects — have grown exponentially over the past few years. While the bonds have attracted large inflows from institutional investors, there are...
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New Website to Simplify Islamic Home Financing for U.S. Consumers

New Website to Simplify Islamic Home Financing for U.S. Consumers

RESTON, VA: Guidance Residential, the leading U.S. Islamic home financing provider launched a revamped website and inviting visitors to explore the website at www.GuidanceResidential.com. The new website has been designed to streamline the home financing proce...
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